Fact sheet: Insight LIBOR Plus

Fund information
Fund name
Insight LIBOR Plus F USD
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund manager
  • Shaheer Guirguissince 30/03/2011
Fund objective
The investment objective of the Fund is to produce an interest rate based return, primarily through investment in a portfolio of asset backed securities (ABS) and corporate floating rate notes (FRNs).
Benchmark
  • LIBOR GBP 3 month
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.1%
1 Year rank in sector
125/295
Sector
FO Fixed Int - Global
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.59%
Fund size
£3,300m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
87
Top in this sector
Fund name1 Year
Capital Group GHIOL32.9%
Dodge & Cox Global Bond25.7%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
Russell Gbl Bd23.1%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • UK40.2%
    USA24.6%
    Australia12.4%
    Europe7.7%
    Netherlands5.6%
  • Asset/Mortgage-Backed Securities98.6%
    Money Market1.2%
    Consumer Credit & Leasing0.2%
  • UK Fixed Interest40.2%
    US Fixed Interest24.6%
    Australian Fixed Interest12.4%
    European Fixed Interest7.7%
    Dutch Fixed Interest5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.3%2.5%3.1%--
Sector-1.9%-2.2%0.7%3.2%5.9%13.5%
Rank within sector31 / 31519 / 31270 / 307125 / 295--
Quartile1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.7%0.6%---
Sector3.8%-1.6%3.7%-1.6%8.2%
Rank within sector165 / 29964 / 275---
Quartile3rd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high1.07
52 week low1.03
Current bid price-
Current offer price-
Current mid price1.07
Region
1UK40.2%
2USA24.6%
3Australia12.4%
4Europe7.7%
5Netherlands5.6%
6Germany2%
7Spain1.8%
8France1.6%
9Italy1.6%
Industry sector
1Asset/Mortgage-Backed Securities98.6%
2Money Market1.2%
3Consumer Credit & Leasing0.2%
Asset type
1UK Fixed Interest40.2%
2US Fixed Interest24.6%
3Australian Fixed Interest12.4%
4European Fixed Interest7.7%
5Dutch Fixed Interest5.6%
6German Fixed Interest2%
7Spanish Fixed Interest1.8%
8French Fixed Interest1.6%
9Italian Fixed Interest1.6%
Individual holdings
No data available.
Management
Fund manager group
Insight Invest Mgt (Gbl)
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund objective
The investment objective of the Fund is to produce an interest rate based return, primarily through investment in a portfolio of asset backed securities (ABS) and corporate floating rate notes (FRNs).
Benchmark
  • LIBOR GBP 3 month
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Shaheer Guirguis30/03/2011Shaheer joined the Fixed Income Group at Insight in September 2007 as a structured credit portfolio manager. He began his career at Gulf International Bank in 2000. Shaheer holds a BSc honours degree in Economics from the University of Surrey, an MSc in Finance from the University of Durham as well as being a CFA charterholder.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Ireland, Offshore
Insight LIBOR Plus A EUR
Initial charge4%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0085
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM6DV
Insight LIBOR Plus A GBP
Initial charge4%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2285
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0D3B
Insight LIBOR Plus A USD
Initial charge4%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0456
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQ7M
Insight LIBOR Plus B GBP
Initial charge4%
Annual charge0.25%
Min single investment£75,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2439
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9D2
Insight LIBOR Plus F EUR
Initial charge4%
Annual charge0.35%
Min single investment£50,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0955
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJ4N
Insight LIBOR Plus F GBP
Initial charge4%
Annual charge0.35%
Min single investment£50,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0278
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM7DY
Insight LIBOR Plus F Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.016
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE5AY
Insight LIBOR Plus F USD
Initial charge4%
Annual charge0.35%
Min single investment£50,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0677
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQ7N
Insight LIBOR Plus S EUR
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0918
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJP5C
Insight LIBOR Plus S GBP
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.5635
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9D3
Insight LIBOR Plus S Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0232
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN8ER
Data provided by

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